The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com
The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com

Explainer |
What does China’s move to relax hukou residency curbs mean for the property sector?

  • 51 Chinese cities have eligibility restrictions, which accounted for 21 per cent of national new home sales in 2018
  • The new policy will effectively relax home buying curbs in 33 cities, according to Nomura

The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com
The rigid hukou system was designed to control domestic migration and until recently was an obstacle for free movement of people. Photo: newsgd.com
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